A Digital Innovation Serving Moroccan Businesses
BANK OF AFRICA confirms its position as a pioneer in innovation by launching the first 100% digital and collaborative platform dedicated to Supply Chain Finance (SCF) in Morocco. This innovative offering, accessible to prime contractors and suppliers, radically transforms financial flow management through a unique technological solution in the market.
A Collaborative Platform Serving the Economy
As part of its commitment to innovation and supporting economic ecosystems, BANK OF AFRICA has unveiled an unprecedented solution: SCF by BOA. This collaborative digital platform offers a self-care experience for prime contractors and their suppliers, thus facilitating financing modalities and onboarding processes. By integrating all supply chain actors, this initiative marks a new era for Supply Chain Finance in Morocco.
Advanced Features Serving Performance
SCF by BOA stands out through its advanced functionalities:
- Competitive Financing: Rapid access to immediate financing
- Payment Optimization: Efficient management of payment schedules
- Cash Flow Acceleration: Streamlining treasury management
The platform offers comprehensive reporting services and enhanced visibility on payments, thus addressing the specific needs of prime contractors and suppliers. It strengthens their trust relationships while minimizing supply chain disruption risks.
A Resounding Validation with OCP
SCF by BOA has already proven its worth after its adoption in September 2023 by OCP, the first prime contractor to integrate this program. The complete digitalization of this service now allows BANK OF AFRICA to consolidate its role as an innovation and competitiveness driver serving Moroccan businesses.
To generalize this service, the bank offers:
- Ecosystem support services
- A comprehensive training program
A Commitment to a Digital and Sustainable Economy
With SCF by BOA, BANK OF AFRICA reaffirms its leadership and commitment to a modern and digitalized Moroccan economy. By offering economic players a turnkey solution, the bank positions itself as a strategic partner for optimized financial flow management and a resilient supply chain.
